site.btaEuropean Commission Proposes to Allocate EUR 10.9 Mln to Support Bulgarian Farmers

The European Commission Monday proposed to allocate EUR 119.7 million from the EU's agricultural reserve to directly support farmers from Bulgaria, Germany, Estonia, Italy, and Romania who have been impacted by exceptional adverse climatic events this spring and early summer.

The Commission proposed to allocate EUR 10.9 million to Bulgaria, EUR 46.5 million to Germany, EUR 3.3 million to Estonia, EUR 37.4 million to Italy, and EUR 21.6 million to Romania.

The amounts presented can be complemented by up to 200% with national funds. Once adopted, national authorities will have to distribute this aid by April 30, 2025. The Member States concerned will also have to notify the Commission by December 31, 2024, about the details of the measures' implementation.

The Commission's proposal will be discussed with all Member States before they decide on its approval during a meeting of the Committee for the Common Organization of the Agricultural Markets on October 7. 

The Common Agricultural Policy 2023-2027 includes an agricultural reserve of at least EUR 450 million per year to cope with market disruptions or exceptional events affecting production or distribution. In 2024, Bulgaria was also affected by drought during the summer with an impact on crops sown in spring, especially maize and sunflower, the Commission said.